Three Cheers For Capitalism, Now Show Me The Money!

Posted: November 24, 2013 in Uncategorized

The Australian Independent Media Network

Let’s be quite clear on our terms. What does it mean to be a right-winger or a left-winger? What does it mean to be socialist or communist or capitalist?

These terms are usually bandied about with such carelessness that I’d like to start by setting down some sort of definition. Most definitions of right wing suggest that they are the “conservative or reactionary” part of a group or country, whereas the left is defined as “the radical, reforming, or socialist section of a political party or system.”

Now, you can immediately see the trouble with using terms like this in contemporary Australia. The so-called conservatives are perpetually talking about the need for “reform”. While some of their social policies may be reactionary, their economic policies all talk what changes we need to make. In government, the Coalition have made just as many changes to long term institutions and driven “reforms”…

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